The travesty is that the cuts are absolutely unnecessary – because postal operations are profitable.
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The typical convenience store receives merchandise from not only a traditional wholesaler but also a wide variety of Direct Store Delivery (DSD) vehicles.
This DSD-focused model requires that convenience store operators spend a significant amount of resources checking in vendors and processing invoices - both of which increase cost.
In 2006, Congress mandated that the Postal Service pre-fund future retiree health benefits 75 years in advance – something no other public agency or private firm is required to do.
That costs the Postal Service $5.6 billion a year – and that’s the red ink.
Posted 25 March 2013 By Alexander Gaffney, RF News Editor Say goodbye to China's State Food and Drug Administration (SFDA); instead, say hello to its new name, the China Food and Drug Administration (CFDA).
The agency recently underwent a reorganization that saw much of China's food and drug regulatory powers consolidated into the agency, elevating it back to a ministerial-level agency directly under the State Council.
Below there are statements of financial positions of both Mommy and Baby at 31 December 20X4.
Prepare consolidated statement of financial position of Mommy Group as at 31 December 20X4.
The closure of mail processing facilities is tied to a second reduction in service standards, which the USPS implemented on Jan. The cuts would cause hardships for the public and small businesses, eliminate jobs, and destroy the world’s most efficient and affordable delivery network by driving away mail and revenue.
The destruction of the mail processing network and the lowering of service standards are part of the same flawed strategy that is behind efforts to end Saturday and door-to-door deliveries, cut post office hours, and make other reductions in mail service.
And, while first-class mail has declined in recent years, package delivery, largely due to the growth of e-commerce, has been rapidly expanding.